About Teck Resources Ltd (NYSE:TECK)
Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company's activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate. The corporate segment includes all of its activities in commodities other than copper, coal, zinc and energy. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company is a seaborne exporter of steelmaking coal, and producer of copper and mined zinc. It also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. In addition, the Company owns interest in the Fort Hills oil sands project and interests in other assets in the Athabasca region of Alberta. It is engaged in advancing porphyry copper projects in Canada, Chile, Peru, the United States and Turkey.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:TECK
- CUSIP: N/A
- Web: www.teck.com
Capitalization:- Market Cap: $12.7172 billion
- Outstanding Shares: 577,799,000
Average Prices:- 50 Day Moving Avg: $22.44
- 200 Day Moving Avg: $20.66
- 52 Week Range: $14.56 - $26.60
P/E:- Trailing P/E Ratio: 7.82
- Foreward P/E Ratio: 8.68
- P/E Growth: 0.91
Sales & Book Value:- Annual Revenue: $9.52 billion
- Price / Sales: 1.38
- Book Value: $26.31 per share
- Price / Book: 0.86
Dividend:- Annual Dividend: $0.08
- Dividend Yield: 0.4%
Profitability:- EBITDA: $3.94 billion
- Net Margins: 17.93%
- Return on Equity: 13.01%
- Return on Assets: 6.62%
Debt:- Debt-to-Equity Ratio: 0.34%
- Current Ratio: 2.00%
- Quick Ratio: 1.18%
Misc:- Average Volume: 4.81 million shs.
- Beta: 1.2
- Short Ratio: 2.95
Frequently Asked Questions for Teck Resources Ltd (NYSE:TECK)
What is Teck Resources Ltd's stock symbol?
Teck Resources Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."
How often does Teck Resources Ltd pay dividends? What is the dividend yield for Teck Resources Ltd?
Teck Resources Ltd announced a quarterly dividend on Thursday, July 27th. Investors of record on Friday, September 15th will be given a dividend of $0.0399 per share on Friday, September 29th. This represents a $0.16 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend is Thursday, September 14th. View Teck Resources Ltd's Dividend History.
How were Teck Resources Ltd's earnings last quarter?
Teck Resources Ltd (NYSE:TECK) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.02. The business earned $2.82 billion during the quarter, compared to analyst estimates of $2.75 billion. Teck Resources Ltd had a net margin of 17.93% and a return on equity of 13.01%. Teck Resources Ltd's revenue for the quarter was up 62.0% on a year-over-year basis. View Teck Resources Ltd's Earnings History.
When will Teck Resources Ltd make its next earnings announcement?
Where is Teck Resources Ltd's stock going? Where will Teck Resources Ltd's stock price be in 2017?
20 brokers have issued 1-year price targets for Teck Resources Ltd's shares. Their forecasts range from $16.00 to $41.00. On average, they anticipate Teck Resources Ltd's stock price to reach $31.65 in the next twelve months. View Analyst Ratings for Teck Resources Ltd.
Are investors shorting Teck Resources Ltd?
Teck Resources Ltd saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 13,116,393 shares, a drop of 29.8% from the August 31st total of 18,676,391 shares. Based on an average trading volume of 7,938,476 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.3% of the company's shares are sold short.
Who are some of Teck Resources Ltd's key competitors?
Some companies that are related to Teck Resources Ltd include Freeport-McMoran (FCX), Anglo American plc (AAL), Fresnillo Plc (FRES), South32 Ltd (S32), Turquoise Hill Resources (TRQ), Polymetal International PLC (POLY), KAZ Minerals PLC (KAZ), Allegheny Technologies Incorporated (ATI), Yamana Gold (AUY), Vedanta Resources plc (VED), New Gold (NGD), Pretium Resources (PVG), New Gold (NGD), MAG Silver Corp (MAG), Seabridge Gold (SA), Fortuna Silver Mines (FSM), McEwen Mining (MUX) and Northern Dynasty Minerals Ltd (NAK).
Who are Teck Resources Ltd's key executives?
Teck Resources Ltd's management team includes the folowing people:
- Norman B. Keevil Ph.D., Chairman of the Board
- Donald Richard Lindsay, President, Chief Executive Officer, Director
- Warren S. R. Seyffert QC, Deputy Chairman of the Board, Lead Independent Director
- Ronald A. Millos, Chief Financial Officer, Senior Vice President - Finance
- Andrew A. Stonkus, Senior Vice President - Marketing and Sales
- Fraser Phillips, Senior Vice President - Investor Relations and Strategic Analysis
- Dale E. Andres, Senior Vice President - Base Metals
- Alexander N. Christopher, Senior Vice President - Exploration, Projects and Technical Services
- Andrew J. Golding, Senior Vice President - Corporate Development
- Peter C. Rozee, Senior Vice President - Commercial and Legal Affairs
Who owns Teck Resources Ltd stock?
Teck Resources Ltd's stock is owned by a number of of institutional and retail investors. Top institutional investors include Barometer Capital Management Inc. (0.08%), APG Asset Management N.V. (0.04%), Shell Asset Management Co. (0.03%) and Montrusco Bolton Investments Inc. (0.01%). View Institutional Ownership Trends for Teck Resources Ltd.
Who sold Teck Resources Ltd stock? Who is selling Teck Resources Ltd stock?
Who bought Teck Resources Ltd stock? Who is buying Teck Resources Ltd stock?
How do I buy Teck Resources Ltd stock?
Shares of Teck Resources Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Teck Resources Ltd's stock price today?
One share of Teck Resources Ltd stock can currently be purchased for approximately $22.74.
MarketBeat Community Rating for Teck Resources Ltd (NYSE TECK)MarketBeat's community ratings are surveys of what our community members think about Teck Resources Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Teck Resources Ltd (NYSE:TECK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 19 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.90) |
| Consensus Price Target: | $31.65 (39.20% upside) |
Consensus Price Target History for Teck Resources Ltd (NYSE:TECK)
Analysts' Ratings History for Teck Resources Ltd (NYSE:TECK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/4/2017 | Bank of America Corporation | Boost Price Target | Buy | $27.00 -> $29.00 | Medium |  |
| 9/25/2017 | BMO Capital Markets | Boost Price Target | Outperform | $40.00 -> $41.00 | Low | |
| 9/25/2017 | Deutsche Bank AG | Reiterated Rating | Buy | $24.00 -> $26.00 | Low | |
| 9/20/2017 | MKM Partners | Reiterated Rating | Buy | $30.00 | Low | |
| 9/18/2017 | Axiom Securities | Initiated Coverage | Sell | $16.00 | High | |
| 8/15/2017 | Raymond James Financial, Inc. | Reiterated Rating | Outperform -> Outperform | | Low | |
| 6/16/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform | $39.00 -> $38.00 | Low | |
| 5/30/2017 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | | Low | |
| 5/19/2017 | Clarkson Capital | Reiterated Rating | Buy | | Medium | |
| 4/18/2017 | Credit Suisse Group | Reiterated Rating | Outperform | | Low | |
| 3/22/2017 | Berenberg Bank | Upgrade | Hold -> Buy | | Low | |
| 1/23/2017 | FBR & Co | Upgrade | Marketperform -> Outperform | | N/A | |
| 1/11/2017 | Scotiabank | Upgrade | Sector Perform -> Outperform | | N/A | |
| 12/20/2016 | Macquarie | Upgrade | Neutral -> Outperform | | N/A | |
| 12/15/2016 | Dundee Securities | Reiterated Rating | Buy | $34.00 -> $40.00 | N/A | |
| 12/12/2016 | Canaccord Genuity | Upgrade | Hold -> Buy | | N/A | |
| 12/6/2016 | Citigroup Inc. | Upgrade | Neutral -> Buy | | N/A | |
| 11/17/2016 | Barclays PLC | Upgrade | Underweight -> Overweight | $22.00 -> $36.00 | N/A | |
| 11/15/2016 | Goldman Sachs Group Inc | Upgrade | Neutral -> Buy | $31.00 | N/A | |
| 10/29/2016 | Paradigm Capital | Reiterated Rating | Buy | $29.00 -> $34.00 | N/A | |
| 10/18/2016 | National Bank Financial | Upgrade | Sector Perform -> Outperform | | N/A | |
| 10/13/2016 | CIBC | Reiterated Rating | Outperform | | N/A | |
| 10/2/2016 | TD Securities | Reiterated Rating | Buy | $30.00 | N/A | |
| 9/15/2016 | Morgan Stanley | Upgrade | Underweight -> Equal Weight | $7.00 -> $18.00 | N/A | |
| 8/19/2016 | Sanford C. Bernstein | Reiterated Rating | Sell | $10.00 | N/A | |
| 3/18/2016 | Nomura | Reiterated Rating | Sell | $6.00 | N/A | |
| 10/23/2015 | Haywood Securities | Upgrade | Hold -> Buy | | N/A | |
| 10/23/2015 | BB&T Corporation | Upgrade | Hold -> Buy | $10.00 | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Teck Resources Ltd (NYSE:TECK)Earnings History by Quarter for Teck Resources Ltd (NYSE TECK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/26/2017 | | $0.90 | | | | | N/A | |
| 7/27/2017 | 6/30/2017 | $0.71 | $0.73 | $2.75 billion | $2.82 billion | View | N/A | |
| 4/25/2017 | 3/31/2017 | $1.04 | $0.88 | $3.05 billion | $2.89 billion | View | N/A | |
| 10/27/2016 | Q316 | $0.18 | $0.26 | $1.65 billion | $2.31 billion | View | Listen | |
| 7/28/2016 | Q216 | ($0.01) | $0.01 | $1.33 billion | $1.74 billion | View | N/A | |
| 2/11/2016 | Q415 | ($0.02) | $0.03 | $1.95 billion | $2.14 billion | View | N/A | |
| 10/22/2015 | Q315 | $0.02 | $0.05 | $2.00 billion | $2.10 billion | View | N/A | |
| 7/23/2015 | Q215 | $0.09 | $0.11 | $2.06 billion | $2.00 billion | View | N/A | |
| 4/21/2015 | Q115 | $0.11 | $0.11 | $2.14 billion | $2.02 billion | View | N/A | |
| 2/12/2015 | Q414 | $0.22 | $0.23 | $2.20 billion | $2.26 billion | View | N/A | |
| 10/29/2014 | Q314 | $0.26 | $0.28 | $2.27 billion | $2.25 billion | View | N/A | |
| 7/25/2014 | | $0.13 | $0.15 | | | View | N/A | |
| 7/24/2014 | Q214 | $0.13 | $0.13 | $1.99 billion | $2.01 billion | View | N/A | |
| 4/23/2014 | | $0.22 | $0.18 | | | View | N/A | |
| 4/22/2014 | Q114 | $0.24 | $0.18 | $2.10 billion | $2.08 billion | View | N/A | |
| 2/19/2014 | Q413 | $0.43 | $0.40 | $2.34 billion | $2.38 billion | View | N/A | |
| 10/24/2013 | Q313 | $0.37 | $0.42 | $2.24 billion | $2.52 billion | View | N/A | |
| 7/25/2013 | Q213 | $0.34 | $0.34 | $2.09 billion | $2.15 billion | View | N/A | |
| 4/23/2013 | Q113 | $0.39 | $0.56 | $2.28 billion | $2.33 billion | View | N/A | |
| 2/7/2013 | Q412 | $0.49 | $0.25 | $2.53 billion | $2.73 billion | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Teck Resources Ltd (NYSE:TECK)Current Year EPS Consensus Estimate: $3.55 EPS
Next Year EPS Consensus Estimate: $2.62 EPS
Current Dividend Information for Teck Resources Ltd (NYSE:TECK)| Most Recent Dividend: | 9/29/2017 |
| Annual Dividend: | $0.08 |
| Dividend Yield: | 0.35% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 3.01% (Trailing 12 Months of Earnings)
2.25% (Based on This Year's Estimates)
3.05% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Teck Resources Ltd (NYSE TECK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | quarterly | $0.04 | 0.76% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 4/27/2017 | semiannual | $0.07 | 0.72% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 11/23/2016 | | $0.04 | | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 11/25/2016 | semiannual | $0.04 | 0.29% | 12/13/2016 | 12/15/2016 | 12/30/2016 |
| 4/27/2016 | semiannual | $0.04 | 0.7% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 11/19/2015 | semiannual | $0.04 | 1.65% | 12/10/2015 | 12/14/2015 | 12/30/2015 |
| 4/22/2015 | semiannual | $0.12 | 1.91% | 6/11/2015 | 6/15/2015 | 7/2/2015 |
| 11/19/2014 | semiannual | $0.40 | 5% | 12/11/2014 | 12/15/2014 | 1/2/2015 |
| 4/23/2014 | semiannual | $0.41 | 3.65% | 6/12/2014 | 6/16/2014 | 7/2/2014 |
| 11/21/2013 | semiannual | $0.43 | 3.38% | 12/12/2013 | 12/16/2013 | 1/2/2014 |
| 4/25/2013 | semiannual | $0.44 | 3.31% | 6/12/2013 | 6/14/2013 | 7/2/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Teck Resources Ltd (NYSE:TECK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Teck Resources Ltd (NYSE:TECK)
Latest Headlines for Teck Resources Ltd (NYSE:TECK)
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Teck Resources Ltd (TECK) Chart for Saturday, October, 21, 2017
